Philippines Essay

Philippines Essay

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The Economy of the Philippines Per Capita Income: The per capita income of a certain country is the GDP of that country divided by the total population. In the Philippines ...
The Economy of the Philippines Per Capita Income: The per capita income of a certain country is the GDP of that country divided by the total population. In the Philippines the per capita income is approximately $700. When compared to the per capita income of the United States, which is about $22,000, it is easy to tell that the economy of the Philippines is very, very poor. GDP: Growth: 5.7% GDP= 82.8 billion dollars % FROM AGRICULTURE: 17.1 (important because
Philippine Education
Philippines, republic in the western Pacific Ocean, made up of the Philippine Islands and forming in physical geography a part of the Malay Archipelago. Situated about 1210 km (about ...
you would think that since they mainly produce agricultural products that its percentage would be the highest) % FROM MANUFACTURING: 18.9 % FROM SERVICES: 39.2 (also important because you wouldn’t think that this one would be the highest) % FROM GOVERNMENT: 7.9 Exports: Traditionally, the Philippines have been primarily an exporter of raw materials and an importer of manufactured goods. This is the role that many “third world” countries play in the global economy. Electronic and automotive parts, along with
Filipino culture is very influenced by the Spanish conquest which began mid-millenium. Many of the traditions of the Phillipines are actually Spanish traditions. The food is a combination of Asian ...
garments are the leading merchandise exports of the country. However, the Philippines also rely heavily on import inputs. The country also exports bananas, coconuts, copper, gold, lumber, pineapples and sugar. Imports: The Philippines mostly imports manufactured goods. Certain items remain subject to import regulations such as narcotic drugs, firearms, ammunition, etc. Their chief imports include chemicals, machinery, and petroleum. Trading Partners: The Philippines, like any other country, cannot produce everything that it needs. Instead, it relies heavily on foreign trade.
The movement led by Cory against the dictatorial rule resulted in the "People Power Revolution" that overthrew the Marcos government in February 1986. Once in power, Cory ordered all political ...
Specialization in production allows for each nation to produce what it produces best, and to trade for products, which it cannot produce as well. This means that if you are better at one thing and I am better at another, rather than each of us trying to do both, we would each do what we are best at. Then, we
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